Experts Warn Against Trump’s 11.8% Spending Increase On Nuclear Weapons

WASHINGTON, DC — Earlier today, the White House released its $4.7 trillion budget plan, which would increase spending on nuclear weapons by $12.4 billion, an 11.8% increase over fiscal year 2019. The budget includes a specific focus on completing production of new “low-yield” nuclear missiles in the upcoming fiscal year.

nuclear weapon

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In reaction to the budget, Derek Johnson, executive director of Global Zero, the international movement for the elimination of nuclear weapons, issued the following statement:

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“Trump’s pitch for more nuclear weapons spending should surprise no one. The administration’s 2018 Nuclear Posture Review — the cornerstone of its nuclear policy — seeks to move the United States closer to nuclear warfighting with new weapons and looser restrictions on use. Trump’s nuclear agenda is underpinned by myths of ‘controllable  escalation’ and ‘winnable nuclear war,’ as well as a profound misunderstanding of America’s bloated nuclear arsenal, which easily matches Russia’s and is more than four times larger than the rest of the nuclear-armed nations’ combined.

“The top national security priority of the United States should be preventing the use of nuclear weapons. The Trump administration’s accelerated pursuit of ‘low yield’ nuclear weapons does the opposite. You might imagine a ‘small’ nuclear weapon is a safer nuclear weapon, but that’s not how this works. What’s uniquely dangerous about ‘low-yield’ nuclear weapons is that they’re more tempting to use in a conflict. Keep in mind that a single ‘low-yield’ nuclear weapon detonated over the White House would kill 100,000 people and injure 125,000 more. It would be 2,500 times more destructive than the device used in the Oklahoma City bombing. These weapons are not normal and they certainly are not ‘small.’

“By pursuing the production of these weapons, the Trump administration is fueling a new arms race with Russia and undermining global and crisis stability — increasing the risk that nuclear weapons will be used again. The first use of nuclear weapons, no matter the size, runs an unacceptably high risk of escalation to all-out nuclear war.

“Congress should immediately reject this proposed spending increase for dangerous new weapons, but addressing the root risk of nuclear use requires a seismic shift in nuclear policy — beginning first and foremost with passage of the No First Use Act which would commit the United States to never use nuclear weapons first in any circumstance.”




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Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver